CSB Bank – Internal Auditor – Credit Audit CSB BANK LIMITED

The Corporate Institute; Mumbai; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

The Corporate Institute is seeking an experienced Internal Auditor to join our Credit Audit team in Mumbai. This role focuses on conducting comprehensive audits of the bank's credit portfolio, assessing risks, and ensuring regulatory and procedural compliance.

The candidate will review lending lifecycle processes, credit due diligence, documentation, provisioning, and reporting. 3–8 years in credit audit with CA or MBA/Finance qualification are preferred; a proactive, detail-oriented approach is

Qualifications

• CA/MBA/PG Finance with 3–8 years of relevant experience in credit audit for banks.
• Experience in credit audit/loan review mechanism (LRM) teams in banks.

Responsibilities

• Conduct detailed credit audits for Wholesale and SME banking across the lending lifecycle.
• Evaluate credit due diligence, security docs, account conduct and post-sanction monitoring.
• Audit credit assessments for working capital loans, term loans and project finance.
• Perform thematic reviews on borrower credit ratings, provisioning, NPA classification, end use verification and stressed assets.
• Identify gaps in credit risk evaluation and monitor remediation actions.
• Analyze financial data and spot inconsistencies in credit assessment notes.
• Review regulatory submissions (e.g., RBI data) and highlight control gaps.
• Prepare audit reports with findings and track open issues to resolution.
• Oversee concurrent audits and maintain up-to-date documentation.

Skills

Credit audit

Regulatory compliance

Risk assessment

Audit reporting

Education

CA

MBA/PG Finance

Tools

Credit risk software

Job description

Role Overview:

We are looking for an experienced Internal Auditor to join our Credit Audit team. This individual contributor will be responsible for performing comprehensive audits, assessing risks, and ensuring compliance with regulatory and procedural requirements for the banks credit portfolio.

Key Responsibilities:

• Conduct detailed credit audits for Wholesale and SME banking, covering the entire lending lifecycle.
• Evaluate credit due diligence, security documentation, account conduct, post-sanction monitoring, and credit rating models.
• Audit credit assessments related to working capital loans, non-fund exposures, term loans, and project finance.
• Perform thematic reviews on borrower credit ratings, loan provisioning, NPA classification, end use verification, early warning triggers, and stressed assets.
• Identify gaps or weaknesses in credit risk evaluation and monitoring processes, and recommend corrective actions.
• Independently analyse financial data and spot inconsistencies in credit assessment notes.
• Review regulatory submissions (e.g., RBI data, tranche I and III).
• Highlight control lapses, revenue leakages, and suggest improvements.
• Collaborate with stakeholders to discuss observations and finalise findings.
• Prepare and finalise audit reports with the team leader.
• Track open/pending audit issues and ensure resolution.
• Oversee concurrent audits and maintain updated documentation.

Qualification and Experience:

• CA / MBA / Postgraduate Finance or related field with 3 – 8 years of relevant experience in credit audit for banks.
• Experience in credit audit/loan review mechanism (LRM) teams in banks.